Peso slides as US data bolster hawkish Fed bets
THE PESO depreciated further against the dollar on Thursday as the latest US consumer price index (CPI) data heightened expectations that the US Federal...
Sun Life Philippines to increase AI investments
SUN LIFE of Canada (Philippines), Inc. (Sun Life Philippines) is boosting its artificial intelligence (AI) investments across its core operations to better cater to...
BSP gets global recognition for reserve management
THE BANGKO SENTRAL ng Pilipinas (BSP) has received global recognition for its foreign reserves management model in the 2026 edition of Central Banking’s annual...
BSP to pause easing as oil shock stokes inflation
THE BANGKO SENTRAL ng Pilipinas (BSP) could pause its easing cycle even as rising cost pressures due to the spike in global oil prices...
Term deposit yields drop as offer sees strong bids
YIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits slipped on Wednesday as the offer was met with strong demand after it reduced...
RCBC eyes double-digit card loan growth
RIZAL COMMERCIAL Banking Corp. (RCBC) is targeting double-digit loan growth for its credit cards business as it continues to grow its consumer business.
“I think...
Peso drops again as Middle East war continues
THE PESO dropped back to the P59 level against the dollar on Wednesday as uncertainty over the Middle East war weighed on sentiment.
The local...
PSE chief says 2026 Maya IPO still a go despite market rout
FINANCIAL TECHNOLOGY (fintech) firm Maya Innovations Holdings, Pte. Ltd.’s planned initial public offering (IPO) in the Philippines this year is still on the table...
CIBI, FinTech Alliance.PH launch fraud intelligence sharing network
CREDIT BUREAU CIBI Information, Inc. has partnered with the FinTech Alliance.PH to launch the Fraud Intelligence Data Sharing (FIDS) Network starting with nine members.
The...
GInsure bullish on growth as many GCash users remain uninsured
THE INSURANCE ARM of e-wallet giant GCash is bullish on their growth as a large number of its customers remains uncovered, which they hope...
Metrobank launches new Toyota Platinum Card
METROPOLITAN Bank & Trust Co. (Metrobank), Toyota Motor Philippines Corp. (TMP), and Mastercard on Tuesday launched the Toyota Platinum Card, which is designed for...
Bond yields rise on weak demand
THE GOVERNMENT partially awarded the Treasury bonds (T-bonds) it offered on Tuesday, with demand weakening as investors turned cautious on longer tenors due to...